Cheap Apartments for Rent in Monroe, LA from $400 (64 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Monroe.

property at 103 Tennessee St

$674

Total Monthly Price

Total Monthly Price

Base Rent
$674
Total Monthly Price
$674

2 Bedroom, 1 Bath Home for Rent

Available Now

103 Tennessee St

MonroeLA71203

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
Shadow Hawk
$875 - $1,110
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,110
Total Monthly Price
$875 - $1,110
1 to 3 Bedroom Apartments Available Now

Shadow Hawk

3000 Evangeline StMonroe, LA 71201
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Sycamore Point
1 to 4 Bedroom Apartments

Sycamore Point

1837 Juliana WayMonroe, LA 71202
close
View Me
Lakeway Apartments
2 to 3 Bedroom Apartments

Lakeway Apartments

3375 LA 594Monroe, LA 71203
  • Utilities Included
close
View Me
Magnolia Terrace
2 to 3 Bedroom Apartments

Magnolia Terrace

900 Riverside DrMonroe, LA 71201
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Southern Pines
3 to 4 Bedroom Apartments

Southern Pines

101 Preston LoopMonroe, LA 71202
close
View Me
Belle Bayou
1 to 2 Bedroom Apartments

Belle Bayou

4200 Loop RdMonroe, LA 71201
  • Utilities Included
close
View Me
Armstrong Apartments
1 Bedroom Apartments

Armstrong Apartments

214 Balboa DrMonroe, LA 71203
Senior Living
  • Utilities Included
close
View Me
Stadium Place
1 to 2 Bedroom Apartments

Stadium Place

510 Warhawk WayMonroe, LA 71203
  • Utilities Included
close
View Me
Cotton Bayou Estates
2 to 4 Bedroom Apartments

Cotton Bayou Estates

127 Cotton Bayou LnMonroe, LA 71202
  • Utilities Included
close
View Me
Shannon Oaks
Studio to 3 Bedroom Apartments

Shannon Oaks

1702 Shannon StMonroe, LA 71201
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
Heritage Court
2 Bedroom Apartments

Heritage Court

625 Warhawk WayMonroe, LA 71203
  • Utilities Included
close
View Me
Tri-City
3 to 4 Bedroom Apartments

Tri-City

1804 Laymen DrMonroe, LA 71201
close
View Me
141 Lofts
1 to 2 Bedroom Apartments

141 Lofts

141 Desiard StMonroe, LA 71201
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
Showing Results 1-50, Page 1 of 2

Monroe, LA Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Available Monroe Apartments for Rent

 

The cheapest available apartment rental in Monroe, LA is a 2 Beds unit found at Cottonland Village Apartments priced from $472. Park Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Monroe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cottonland Village Apartments2 Bedroom2BR,1BA$472
Park Place Apartments1 Bedroom1BR,1BA$650
Mary Lea ApartmentsOne-Bedroom1BR,1BA$675
Belle BayouOne Bedroom1BR,1BA$699
Creel PropertiesJENNIFER LANE1BR,1BA$750
Westchester SquareLg 1 Bed1BR,1BA$775
Haltere at Monroe1 Bedroom 1 Bathroom1BR,1BA$775
Frances Place Apartments1 BR/1 BA1BR,1BA$850
Hideaway Place Apartments1x11BR,1BA$900
Seasons & Woodale Apartments1 Bd 1 Ba - Seasons - Flat1BR,1BA$925

Best Value Apartments for Rent in Monroe, LA

As of July 23, 2026 the best value apartment in the Monroe area is the $0.80 price per square foot 2 bedroom townhome Model at Churchill Townhouses Apartments in the starting from $1,000. The second greatest value Monroe apartment is the 3 Bedroom Model at Cottonland Village Apartments starting at $650 with a $0.55 price per square foot . Here is today’s list of the best values for Monroe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Churchill Townhouses Apartments2 bedroom townhome2BR,2BA$0.80
Cottonland Village Apartments3 Bedroom3BR,1BA$0.55
Town & Country ApartmentsC23BR,1.5BA$1.22
Shadow Hawk2 Bed - 2 Bath2BR,2BA$1.23
Mary Lea ApartmentsOne-Bedroom1BR,1BA$0.87
Westchester SquareLg 1 Bed1BR,1BA$1.03
Frances Place Apartments1 BR/1 BA1BR,1BA$1.13
Creel PropertiesJENNIFER LANE1BR,1BA$1.00
Haltere at Monroe1 Bedroom 1 Bathroom1BR,1BA$1.08
Belle BayouOne Bedroom1BR,1BA$1.17

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Monroe Overview

Monroe is the eighth largest city in Louisiana. It is an educational, economic and medical hub for Louisiana. The people of Monroe make the city exciting and a beautiful place to live and the options for apartments in Monroe make finding the perfect place to live easy. The city boasts of many unique shops, community centers, neighborhood parks and local restaurants. You get to enjoy great food, a wide variety of entertainment, and most of all the interaction with welcoming people.

Why live in Monroe, LA?

There is a lot of good about the city and living in Monroe apartments. If you are looking for a place where community matters, Monroe is the right city for you. On top of the good transportation, peaceful neighborhoods, beautiful parks and more, there is a robust farmer’s market where you can get fresh food. There are great schools both private and public in the area. The people are however the best part of Monroe, they are warm, caring and friendly.

Best Local Schools in
Monroe, LA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monroe, LA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Monroe, LA

View Map
Monroe, LA Apartments Map
View Map
Monroe, LA Rental Homes Map

Frequently Asked Questions about Cheap Monroe Apartments

How much is rent for a Cheap One Bedroom Monroe Apartment?

The lowest price for a Cheap One Bedroom Monroe Apartment is $650 at Park Place Apartments.

What is the lowest price for a Cheap Two Bedroom Monroe Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monroe is starting from $472 at Cottonland Village Apartments.

What is the most affordable Monroe Three Bedroom Apartment?

The best deal on a cheap Monroe Three Bedroom Apartment rental is at Cottonland Village Apartments and starts from $650.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.